NOT LISTED FOR SALE

Estimated Value: $523,465 - $590,000

2 Beds
2 Baths
1,259 Sq Ft
$444/Sq Ft Est. Value

Last Sold October 11, 2018

Last sale price $439,000 $349 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,105/month

19 Days on Market

Highlights

  • Marble Flooring
  • Central Air
  • 1-minute walk to Piperpont Park

About This Home

As of October 2018

If you are looking for a townhouse in the Heart of Historic Downtown Salem then look NO further! This is a private entrance contemporary condominium located in The Essex just off the Pedestrian Mall-one of only 6 like it! Inside you'll find a dramatic open concept with cathedral ceilings, wood burning fireplace and two sets of French doors that lead to your private deck in the treetops and all overlooking the gorgeous treed courtyard (you won't believe you are the center of the city)! The spacious layout offers plenty of room for oversized furniture for living and dining, while the kitchen peninsula easily accommodates seating for 4. The walkout lower level is home to the bedrooms, full bath & laundry - plus a phenomenal walk-in closet/dressing room! Off each bedroom French doors lead to a private patio & garden oasis. This great association also includes an indoor pool, fitness room & public rooms available for private use. Fee includes everything PLUS you also get garage parking!

Last Agent to Sell the Property

Pam McKee

Keller Williams Realty Evolution Listed on: 08/03/2018

Keller Williams Realty Evolution

Last Buyer's Agent

Andrea O'Reilly

Keller Williams Realty Evolution

Keller Williams Realty Evolution

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,165

Year Built

  • Built in 1989

HOA Fees

  • $627 per month

Parking

  • 1 Car Garage

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Marble
  • Tile

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Hydro-Air Heating System
  • Natural Gas Water Heater

Community Details

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,165

Year Built

Built in 1989

Lot Details

0

HOA Fees

$627 per month

Parking

1

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Townhouse
  • Other Agent: 2.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 348.69
  • Comp Based On: Net Sale Price
  • Year Built: 1989
  • Unit Building: 121
  • Unit Level: 1
  • Unit Placement: Street, End
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1989

Interior Features

  • Fireplaces: 1
  • Flooring: Tile, Wall to Wall Carpet, Marble
  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Vent Hood
  • No Bedrooms: 2
  • Master Bedroom: On Level: First Floor, Closet - Walk-in, Flooring - Wall to Wall Carpet, French Doors, Exterior Access
  • Bedroom 2: On Level: First Floor, Closet, Flooring - Wall to Wall Carpet, French Doors, Exterior Access
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor, Bathroom - Half, Flooring - Stone/Ceramic Tile
  • Bathroom 2: On Level: Second Floor, Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
  • No Rooms: 5
  • Dining Room: On Level: Second Floor, Ceiling - Cathedral, Flooring - Wall to Wall Carpet, French Doors, Deck - Exterior, Open Floor Plan
  • Kitchen: On Level: Second Floor, Flooring - Marble, Countertops - Stone/Granite/Solid
  • Laundry: On Level: First Floor
  • Living Room: On Level: Second Floor, Fireplace, Ceiling - Cathedral, Flooring - Wall to Wall Carpet, French Doors, Deck - Exterior, Open Floor Plan
  • No Living Levels: 2
  • Main Lo: C95098
  • Main So: C95236
  • Estimated Sq Ft: 1259.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Construction: Frame
  • Roof Material: Rubber
  • Exterior: Brick
  • Insulation Feature: Full
  • Exterior Unit Features: Deck, Deck - Composite, Patio, Professional Landscaping
  • Pool Description: Indoor

Garage/Parking

  • Garage Parking: Common
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Sewage District: sesd
  • Cooling: Central Air
  • Heating: Hydro Air
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, House of Worship, Marina, T-Station
  • HOA Fees: 627.00
  • Association Fee Includes: Heat, Hot Water, Gas, Water, Sewer, Master Insurance, Swimming Pool, Exterior Maintenance, Landscaping, Snow Removal, Recreational Facilities, Exercise Room, Refuse Removal, Garden Area, Air Conditioning, Reserve Funds
  • Condo Association: Yes
  • Association Pool: Yes
  • Management: Professional - Off Site

Association/Amenities

  • Condominium Name: The Essex

Lot Info

  • Assessments: 264000.00
  • Page: 501
  • Zoning: B5

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 4060.32
  • Assessor Parcel Number: 2136423

Multi Family

  • No Units: 107
  • No Units Owner Occ: 76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2018
Closed on
Oct 11, 2018
Sold by
Pappas Dennis G
Bought by
Lundergan Daniel J and Lundergan Laurie A
Seller's Agent
Pam McKee
Keller Williams Realty Evolution
Buyer's Agent
Andrea O'Reilly
Keller Williams Realty Evolution
List Price
$439,000
Sold Price
$439,000
Current Estimated Value
$559,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,366
Avg. Annual Appreciation
4.43%
Original Mortgage
$351,000
Outstanding Balance
$310,442
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$280,451

Purchase Details

Closed on
Oct 15, 2004
Sold by
Merritt David
Bought by
Pappas Dennis G

Purchase Details

Closed on
May 18, 1995
Sold by
Bewitched Capital Lp
Bought by
Mcauliffe William P
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lundergan Daniel J $439,000 --
Pappas Dennis G $312,500 --
Mcauliffe William P $137,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lundergan Daniel J $225,000
Closed Lundergan Daniel J $230,000
Open Lundergan Daniel J $351,000
Previous Owner Pappas Dennis G $201,600
Previous Owner Mcauliffe William P $236,000
Previous Owner Mcauliffe William P $27,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2018 10/11/18 Sold $439,000 0.0% $349 / Sq Ft
08/22/2018 08/22/18 Pending -- -- --
08/03/2018 08/03/18 For Sale $439,000 -- $349 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,165 $455,500 $0 $455,500
2024 $5,127 $441,200 $0 $441,200
2023 $5,254 $420,000 $0 $420,000
2022 $5,171 $390,300 $0 $390,300
2021 $5,094 $369,100 $0 $369,100
2020 $5,043 $349,000 $0 $349,000
2019 $4,465 $295,700 $0 $295,700
2018 $4,060 $264,000 $0 $264,000
2017 $4,078 $257,100 $0 $257,100
2016 $3,755 $239,600 $0 $239,600
2015 $3,677 $224,100 $0 $224,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72373599

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000207-000811-000811